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    Home ASIA-PACIFIC Marshall Islands

    RELEASE: Forum Economic Ministers to Address Global Risks and Regional Resilience

    The Analyst by The Analyst
    June 19, 2026
    in Marshall Islands
    RELEASE: Forum Economic Ministers to Address Global Risks and Regional Resilience


    19 June 2026

    READ ALSO

    Dengue virus case reported in Oahu visitor

    ANC Blog

    Suva, Fiji – Pacific Islands Forum (PIF) Economic and Finance Ministers will convene in Majuro, Republic of the Marshall Islands, on 23 and 24 June 2026 for the annual Forum Economic Ministers Meeting. The meeting will be chaired by Honourable David Paul, Minister of Finance, Banking and Postal Services of the Republic of the Marshall Islands.

    Economic and Finance Ministers will reflect on the importance of accelerating the implementation of the Pacific Roadmap for Economic Development (PRED) under the 2050 Strategy for the Blue Pacific Continent, recognising that deeper regional economic integration, strengthened collective action, and enhanced policy coordination are critical to building a more resilient, stable, and prosperous Blue Pacific.

    Building on the Forum Leaders’ decision to invoke the Biketawa Declaration in May this year,  Ministers will consider the implications of ongoing global developments, including tensions in the Middle East, and provide recommendations towards a coordinated regional response to the energy crisis affecting Forum member countries.

    Discussions will focus on regional fuel security and the impact of external shocks on vulnerable Pacific economies. A Ministerial Talanoa on Navigating the Triple Shock will provide an opportunity for Ministers to engage with representatives of the energy and fuel industry sector operating in the region, as well as representatives from the private sector, partners, and CSOs on the interconnected challenges of energy security, rising import costs, and food security vulnerabilities, while identifying priorities for enhanced regional cooperation.

     “As global uncertainties intensify, regional cooperation remains our greatest strength. The meeting of the Forum Economic and Finance Ministers will consider and advance collective solutions to strengthen economic security and resilience, stability, and sustainable growth across the Blue Pacific, particularly in today’s increasingly complex and uncertain global environment,” said PIF Secretary General, Baron Divavesi Waqa.

    Following the conclusion of the FEMM, Economic and Finance Ministers will participate in the inaugural Council meeting of the Pacific Resilience Facility on 25 June, marking a further key milestone in the region’s collective efforts to strengthen resilience financing and preparedness. The PRF Treaty entered into force on 6 May 2026. Ten Pacific Islands Forum member governments have ratified the Agreement to date. 

    The Forum Economic Ministers Meeting is an important annual standing meeting of the Pacific Islands Forum for Forum Finance, Economic Development, and Planning Ministers to assist and inform Forum Leaders of relevant regional and international economic and development issues, as well as challenges and opportunities facing the region. As Forum members confront an increasingly uncertain global environment, the meeting will provide an opportunity for Ministers to reaffirm their commitment to collective action, increased regional cooperation, and to advance practical solutions that support a resilient, prosperous, and secure Blue Pacific for present and future generations. 

    [ENDS]

     



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